KUALA LUMPUR (May 28): Hunza Properties Bhd, whose controlling shareholder has expressed interest in taking it private, recorded a huge leap in its net profit for the third quarter ended March (3QFY15).
JOHOR BARU (May 26) The main developer of Iskandar Malaysia, UEM Sunrise Bhd, has abandoned its plans to build the Asian Trade Centre, one of the major projects for the region, the Straits Times reported today.
KUALA LUMPUR (May 25): Tiong Nam Logistics Holdings Bhd saw its net profit rise 20.
KUALA LUMPUR (May 25): Eastern & Oriental Bhd’s net profit for its fourth quarter of its 2015 financial year has doubled to RM100.
KUALA LUMPUR (May 25): WCT Holdings Bhd’s net profit declined 17% to RM33.
KUALA LUMPUR (May 25): The Association of Banks in Malaysia (ABM), which represents 27 commercial banks operating in the country, said it is "not true" there are now tougher credit checks on potential home buyers.
KUALA LUMPUR: Property developer Mulpha Land Bhd plans to undertake a private placement of up to 10% of its issued share capital to finance a land acquisition, repay borrowings and as its working capital.
KUALA LUMPUR (May 13): Kimlun Corp Bhd is acquiring land in Kota Tinggi, Johor for RM28.
PETALING JAYA (May 12): Sunway Bhd is proposing a mixed development across 17 acres in Kelana Jaya, with an estimated gross development value (GDV) of RM1.
PETALING JAYA (May 8): 1Malaysia Development Bhd (1MDB) today put up a full-page advertisement in a local English daily to promote its prized project, Bandar Malaysia, a day after confirmation that it had sold a parcel of land at its other development project, Tun Razak Exchange (TRX) to pilgrims’ fund, Tabung Haji.
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